Tips for Finding Self Storage in Desert Hot Springs, CA
Just starting your Desert Hot Springs self storage search? There are a few things you should know. Storage unit prices and availability in Desert Hot Springs are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Desert Hot Springs.Moving and Storage in Desert Hot Springs, CA
If there are many people moving to or from Desert Hot Springs, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Desert Hot Springs, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Desert Hot Springs grew from 27,179 in 2010 to 28,164 in 2014, which is a rate of 3.62% growth over four years.Real Estate and Self Storage in Desert Hot Springs, CA
Vacancy and occupancy rates in the Desert Hot Springs housing market can help us gauge the demand for living space and thus self-storage space in Desert Hot Springs, and may hint at storage availability and pricing. If there's low vacancy rates in Desert Hot Springs housing, there's likely low vacancy at Desert Hot Springs storage facilities. This would allow storage facilities in Desert Hot Springs to charge higher prices for their units. 20.7% of housing units in Desert Hot Springs are vacant according to the US Census, while 79.3% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Desert Hot Springs may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Desert Hot Springs than in other cities.